Companies · Other Technology

Authentidate Holding Corp

Berkeley Heights · Other Technology

Diligence memoA one-page analyst read on Authentidate Holding Corp — recommendation, valuation, rhythm, risks.
$23.4M
Total raised · real
9
Rounds
0.9×
Latest step-up
Top 16%
Sector rank · raised
Series A
Latest stage · inferred · Wed Oct 28 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Authentidate Holding Corp looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.08× the median modeled value of Series A Other Technology companies in 2013–2015 (789 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.7 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Authentidate Holding Corp behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
15.7 yr record
Peak capital year was 2013 with $9.1M across 2 filings.
Market position
ahead of 85% of Other Technology peers
Capital scale is ahead of 85% of Other Technology peers; modeled value is above 27% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2013: $9.1M across 2 filings.
  • Largest single filing was $6.7M on 2013-06-11.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Authentidate Holding Corp is one of 21302 Other Technology companies tracked from Berkeley Heights. By capital raised it ranks in the upper tier (ahead of 85% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeries A · 2010-10-13 Raised $5.0M (real) Modeled valuation $139M (est)Series A2010Series A · 2012-03-09 Raised $4.0M (real) Modeled valuation $112M (est)Series A2012Series A · 2012-09-28 Raised $3.3M (real) Modeled valuation $92M (est)Series A2012Series A · 2013-06-11 Raised $6.7M (real) Modeled valuation $184M (est)Series A2013Series A · 2013-11-11 Raised $2.5M (real) Modeled valuation $68M (est)Series A2013Series A · 2015-02-17 Raised $100K (real) Modeled valuation $2.8M (est)Series A2015Series A · 2015-06-08 Raised $900K (real) Modeled valuation $25M (est)Series A2015Series A · 2015-09-18 Raised $525K (real) Modeled valuation $15M (est)Series A2015Series A · 2015-10-28 Raised $450K (real) Modeled valuation $12M (est)Series A2015+$4.0M+$3.3M+$6.7M+$2.5M+$100K+$900K+$525K+$450KCumulative $23M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.0M · 2010
Series A extension$4.0M · 2012
Series A extension$3.3M · 2012
Series A extension$6.7M · 2013
Series A extension$2.5M · 2013
Series A extension$100K · 2015
Series A extension$900K · 2015
Series A extension$525K · 2015
Series A extension$450K · 2015

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$12.5M
Base estimate est.
$601K
Conservative case
$67.9M
Upside case
$2.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $138.7M · 2010-10-132010Series A · modeled $112.3M · 2012-03-09Series A · modeled $91.5M · 2012-09-28Series A · modeled $184.5M · 2013-06-11Series A · modeled $68.4M · 2013-11-11Series A · modeled $2.8M · 2015-02-17Series A · modeled $25.0M · 2015-06-08Series A · modeled $14.6M · 2015-09-18Series A · modeled $12.5M · 2015-10-282015
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
6.0 yr
Elapsed time used
10.7 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$4.7M/yr
Capital velocity
15.7 yr
On record since
2010
First round
9
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 7.4× above median
This company$23.4M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$450K
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$12.5M
Sector median$37.3M

Raised more than 85% of sector peers (real $). Modeled value above 27% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #759 of 789.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Uni-Pixel · Series A Raised $19.4M · modeled $416.1M (est)FoundationDB, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Liaison Technologies, Inc. · Series A Raised $25.9M · modeled $416.1M (est)iDevices, LLC · Series A Raised $25.7M · modeled $416.1M (est)Zafin Global Holdings Corp. · Series A Raised $15.0M · modeled $416.1M (est)Lavu Inc · Series A Raised $15.0M · modeled $416.1M (est)Exostar Corp · Series A Raised $15.0M · modeled $416.1M (est)ikaSystems Corp · Series A Raised $27.5M · modeled $416.1M (est)Olapic, Inc. · Series A Raised $21.3M · modeled $416.1M (est)Rage Frameworks, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Vormetric Inc · Series A Raised $15.0M · modeled $416.1M (est)BlueData Software, Inc. · Series A Raised $19.0M · modeled $416.1M (est)Authentidate Holding Corp (this company) Raised $23.4M · modeled $12.5M (est)Authentidate Holding Corp
CompanyStageRaised · realValue · estvs peer med.
Uni-PixelSeries A$19.4M$416.1M2.73×
FoundationDB, Inc.Series A$15.0M$416.1M2.73×
Liaison Technologies, Inc.Series A$25.9M$416.1M2.73×
iDevices, LLCSeries A$25.7M$416.1M2.73×
Zafin Global Holdings Corp.Series A$15.0M$416.1M2.73×
Lavu IncSeries A$15.0M$416.1M2.73×
Exostar CorpSeries A$15.0M$416.1M2.73×
ikaSystems CorpSeries A$27.5M$416.1M2.73×
Olapic, Inc.Series A$21.3M$416.1M2.73×
Rage Frameworks, Inc.Series A$15.0M$416.1M2.73×
Vormetric IncSeries A$15.0M$416.1M2.73×
BlueData Software, Inc.Series A$19.0M$416.1M2.73×
Authentidate Holding Corp this companySeries A$23.4M$12.5M0.08×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.0M2010-10-13$22.7M$138.7M90%
Series A$4.0M2012-03-09$18.4M$112.3M90%
Series A$3.3M2012-09-28$15.0M$91.5M90%
Series A$6.7M2013-06-11$30.2M$184.5M90%
Series A$2.5M2013-11-11$11.2M$68.4M90%
Series A$100K2015-02-17$455K$2.8M90%
Series A$900K2015-06-08$4.1M$25.0M90%
Series A$525K2015-09-18$2.4M$14.6M90%
Series A$450K2015-10-28$2.0M$12.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.0M2010-10-13
    • First recorded raise — entered as Series A.
  2. Series A$4.0M2012-03-09
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
  3. Series A$3.3M2012-09-28
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
  4. Series A$6.7M2013-06-11
    • Raised 8 mo later, in step with the ~13 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
  5. Series A$2.5M2013-11-11
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 2.7× smaller than the prior — bridge or down round.
  6. Series A$100K2015-02-17
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 24.7× smaller than the prior — bridge or down round.
  7. Series A$900K2015-06-08
    • Came back fast: 4 mo vs the ~13 mo sector norm.
    • Round 9.0× larger than the prior — scaling up.
  8. Series A$525K2015-09-18
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
  9. Series A$450K2015-10-28
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2016 ~Q2
Modeled next raise · ~8mo cadence
$450K
Modeled next size est.range $450K$720K
0.9×
Last step-up
$4.7M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Chares C. Lucas2015-02
Charles C. Lucas2013-11
Charles David Lucas2013-06
Harry Edward Silverman2010-10
Ian C. Bonnet2015-02
J. David Luce2010-10
J. Edward Sheridan2010-10
Jeffrey A. Beunier2013-11
John David Luce2012-03
John David Waters2010-10
John Edward Sheridan2012-03
Marc A. Horowitz2015-02
Marc David Horowitz2015-06
O'Connell Benjamin2010-10
Ranjit David Singh2010-10
Roy A. Beauchamp2015-02
Roy E. Beauchamp2015-09
Todd A. Borus2012-09
Todd David Borus2012-03
William A. Marshall2010-10
William Patrick Henry2015-09
Registry & provenance

Authentidate Holding Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
885074
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Seek Laboratories, Inc.Other TechnologySeries A$16.4M$12.8Msame sector · same stage
WiseTech Global LtdOther TechnologySeries A$16.2M$12.1Msame sector · same stage
3Spine, Inc.Other TechnologySeries A$34.2M$12.9Msame sector · same stage
Akuvo LlcOther TechnologySeries A$16.0M$12.2Msame sector · same stage
Frequently asked
How much funding has Authentidate Holding Corp raised?
Authentidate Holding Corp has raised approximately $23.4M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Authentidate Holding Corp's estimated valuation?
Provath's modeled valuation for Authentidate Holding Corp is approximately $12.5M (modeled range $601K–$67.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Authentidate Holding Corp at?
Authentidate Holding Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Oct 28.
What does Authentidate Holding Corp do and where is it based?
Authentidate Holding Corp operates in the Other Technology sector, based in Berkeley Heights.
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